Browsing Tag
MANA’s
2 posts
Gauging MANA’s upside potential after altcoin reclaimed key price levels
contributor Posted: September 13, 2024 MANA continued its long-term downtrend but recently reclaimed a few crucial support levels Derivates data for the altcoin hinted at a bullish edge while the broader market sentiment remained uncertain MANA recently retested its multi-year lows around the $0.25 mark after charting a bearish flag breakout on its daily chart.
Here are all the possibilities if MANA’s bulls uphold this level
Since its ATH on 25 November, Decentraland (MANA) has been on a steady downtrend while the bulls kept defending the $2-$2.3 range. Now, a compelling close above the $2.3 base is needed to confirm the strength of its recent falling wedge (white). Should the selling spree continue, MANA would pick itself up from the $2.1-mark…